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BUSINESS
Dec 27, 2001

Kawasaki Heavy to spin off shipbuilding

Kawasaki Heavy Industries Ltd. said Wednesday it will spin off its shipbuilding and precision machinery operations in October.
JAPAN / Media / MEDIA MIX
Dec 23, 2001

Robbing the little guy of life's pleasures

Following the government's eleventh-hour decision to forgo a planned increase in the tax on happoshu foamy liquor the Asahi Shimbun ran an editorial cartoon showing a happy man sitting at the kotatsu and hoisting a can of the beerlike stuff in tribute to his TV, which showed Koizumi father and son toasting...
JAPAN
Dec 20, 2001

Osaka-based drugstore penalized for undeclared income

OSAKA -- Osaka-based drugstore firm Daikoku and its affiliates failed to declare about 200 million yen in corporate and personal income for five years up to 1999, industry sources said Wednesday.
BUSINESS
Dec 18, 2001

Nomura Research makes firm TSE debut

Nomura Research Institute Ltd., the economic research and consulting arm of Nomura Securities Co., debuted Monday on the first section of the Tokyo Stock Exchange with an opening price of 14,850 yen, against its initial public offering price of 11,000 yen per share.
COMMUNITY
Dec 16, 2001

From pinholes to pixels, photgraphy keeps evolving

The camera on a tripod outside Edward Levinson's countryside home in Chiba Prefecture is deceptive in its simplicity. It has no lens or viewfinder, no focusing dial, and no shutter-release button.
BUSINESS
Dec 15, 2001

Kirin to buy stake in San Miguel

Kirin Brewery Co. said Friday that it will buy a 15 percent stake in Philippine beverage maker San Miguel Corp. to expand its business in the Southeast Asian market.
Japan Times
BUSINESS
Dec 13, 2001

'Tankan' reveals sentiment falling but not as steeply

Business sentiment is continuing to fall at Japanese companies as they struggle against declining exports and prices amid the global economic slump, according to the Bank of Japan's latest "tankan" quarterly survey.
BUSINESS
Dec 11, 2001

Targets of extra budget decided upon

The Council on Economic and Fiscal Policy on Monday established four general spending priorities for a planned second supplementary budget for the fiscal year.
BUSINESS
Dec 11, 2001

Cable & Wireless eyes PSINet unit

Cable & Wireless PLC of Britain announced Monday it has agreed to acquire the Japanese subsidiary of PSINet Inc. of the United States for 7.2 million British pounds to expand Net-related business here.
BUSINESS
Dec 8, 2001

Foreigners net buyers

While the nation's industrial web of cross-shareholdings continued unraveling, foreign investors were net buyers of Japanese stocks for the fifth consecutive week last week.
JAPAN
Dec 7, 2001

Aoki goes under with 522 billion yen in liabilities

The construction industry was dealt another blow on Thursday when general contractor Aoki Corp. effectively went bankrupt, filing for court protection from creditors under a civil rehabilitation law.
SOCCER / World cup
Dec 6, 2001

Soft touch advised with unruly fans

The key to controlling English soccer fans at the World Cup will be to understand the cultural differences in behavior of fans from different countries and to not put too much pressure on the English fans, an English security expert said Tuesday.
Japan Times
JAPAN
Dec 6, 2001

Bookstores cashing in on royal birth

The birth of a girl to the Crown Prince and Crown Princess has led major bookstores in Tokyo to promote popular reading material relating to the Imperial family as well as books related to the new mother.
BUSINESS
Dec 6, 2001

Capital spending by manufacturers suffers 2.7% drop

Capital spending by Japanese manufacturers fell 2.7 percent in the July-September quarter compared with a year earlier as the global economic slowdown, especially in information technology, depressed prospects for growth, a Finance Ministry survey showed Wednesday.
BUSINESS
Dec 6, 2001

Not all auto industry restructuring drives get same mileage

As Japanese companies in almost all sectors carry out large-scale restructuring, the auto industry can offer them a number of case studies that reflect varying measures of success.
COMMENTARY / World
Dec 2, 2001

Blow away Big Tobacco's smoke screen

In an interconnected world, we're seeing ways that globalization may help or hinder our lives. Take the tobacco industry: It is using innovative means to bypass fledgling government tobacco control policies, particularly in developing countries. It is riding a wave to open regional trade in East Asia...
COMMUNITY
Dec 2, 2001

What's hot on the slopes

According to Masataka Shiwaku of Victoria Wardrobe, a snow-wear retailer in Tokyo's Kanda Ogawa-cho district, this year "many people seem to be thinking of renewing their skiing or snowboarding wardrobes."
COMMUNITY
Dec 2, 2001

'Float on Earth' at Japan's snow resorts

You draw in a sharp, crisp breath of clean air, point your board straight ahead and blast off full speed down a short, steep drop, then up a narrow slope that launches you high in the air. Landing in a meter-deep pillow of fluffy, white snow that swallows your board, your bindings and your knees brings...
BUSINESS
Dec 1, 2001

Investors fume as Enron-linked funds bleed

The phones are ringing off the hook at investment trust companies, as investors pull their cash out of money-management funds that fell below par value earlier this week.
BUSINESS
Nov 30, 2001

JAS marks down its profit estimate for '01

Japan Air System Co. on Thursday lowered profit projections for its current business year in the wake of the terrorist attacks on the United States, but also reported its highest-ever interim operating profits due to restructuring efforts.
JAPAN
Nov 28, 2001

Nonlife insurers feel the pain

Profits at Japan's 11 major nonlife insurance companies plunged sharply in the fiscal first half to Sept. 30, due to falling share prices and large reserves set aside for claims related to the Sept. 11 terror attacks in the United States.
BUSINESS
Nov 28, 2001

JTB to push cheaper package tours

Travel agency JTB Corp. said Tuesday it will boost its selection of low-price overseas package tours in early spring, with a particular emphasis on families, elderly tourists and women in their 20s and 30s.
JAPAN
Nov 28, 2001

Nonlife insurers feel the pain

Profits at Japan's 11 major nonlife insurance companies plunged sharply in the fiscal first half to Sept. 30, due to falling share prices and large reserves set aside for claims related to the Sept. 11 terror attacks in the United States.
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
BUSINESS
Nov 22, 2001

Koizumi, partners agree on 2.5 trillion yen in extra spending

Prime Minister Junichiro Koizumi and his two coalition partners agreed Wednesday to compile a 2.5 trillion yen second extra budget for this fiscal year to prop up the ailing economy, lawmakers of the coalition parties said.
Japan Times
BUSINESS
Nov 22, 2001

Banker sees smooth euro cash start, no 'black fund'

FRANKFURT -- Japanese investors should have full confidence in the stability and strength of the euro as the currency is launched in its physical form at the start of next year, according to the European central banker coordinating the project.
BUSINESS
Nov 22, 2001

Japan Telecom posts losses

Plagued by declining performance in its fixed-line business, Japan Telecom Co. said Wednesday it suffered net losses of 5.19 billion yen in the first half of fiscal 2001.
Australian firm produces heavy rare earth, in first outside China
The Lynas Rare Earths processing plant in Kalgoorlie, Western Australia
Random stabbing cases in Japan raise fears: Could the next victim be me?
Police officers stand guard on May 7 outside Todaimae Station in Tokyo's Bunkyo Ward after a random stabbing that injured a University of Tokyo student.
Nissan to solicit early retirements while eyeing plant closures in Japan
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
Police arrest Chinese man in Saitama hit-and-run case
Police questioned a man who turned himself in as he closely resembled the driver recorded on the dashcam of another vehicle that happened to pass by the scene of a hit-and-run incident in Saitama Prefecture.
Princess Aiko arrives in Ishikawa to visit quake-hit areas
Princess Aiko is greeted by Ishikawa Gov. Hiroshi Hase (left) at the Kanazawa Station on Sunday.
Agnes b. Japan CEO hopes to evolve the brand with focus on sustainability
Laurent Patouillet, the CEO and president of Agnes b. Japan, says the focus of its business is to remain independent, and evolve and adapt.
In Nintendo’s backyard, foreign indie game devs are thriving
Kyoto's gaming landscape is dominated by Nintendo's headquarters, but a contingent of foreign-born indie developers is also working in the gaming giant's shadow.
Akazawa's dilemma: no tariff deal or a half-baked deal
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
Nissan hoping to electrify home crowd as Formula E returns to Tokyo
Nissan's Oliver Rowland drives during qualifying for Miami E-Prix at Homestead Motor Speedway in Homestead, Florida, on April 12.
For his first feature film, director Ryuya Suzuki created a masterpiece
"Jinsei," which follows its protagonist over a century, probes themes of identity and societal issues with a dark comic touch. The director, however, says he created the story without knowing where it would lead.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb
By Alex K.T. Martin

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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